Current:Home > MarketsFDA approves Florida's plan to import cheaper drugs from Canada -Elevate Profit Vision
FDA approves Florida's plan to import cheaper drugs from Canada
View
Date:2025-04-16 12:06:28
Florida is one step closer to being able to import cheaper prescription drugs from Canada.
The Food and Drug Administration says it has authorized Florida's proposed program to import selected drugs.
Under federal law, any state or tribe can submit a proposal for importation, and a few have. The law allows importation of certain prescription drugs in bulk if doing so would save Americans money without adding safety risks. The FDA also has to give its blessing.
Florida's proposal, championed by Republican Gov. Ron DeSantis, is the first to be OK'd by the agency.
The state has to clear a lot more hurdles, however, before imports could begin. Among other things, it has to specify which drugs it wants to import, verify that they meet FDA's standards and relabel them.
While the FDA authorization is a major policy change, experts also say it alone won't solve the United States' problem with high-priced drugs.
Canada's drug supply is too small, and the country has already taken steps to protect it.
The pharmaceutical industry has pushed back and is expected to sue.
"We are deeply concerned with the FDA's reckless decision to approve Florida's state importation plan," says a statement from Stephen Ubl, president and CEO of the drug industry trade group PhRMA. "Ensuring patients have access to needed medicines is critical, but the importation of unapproved medicines, whether from Canada or elsewhere in the world, poses a serious danger to public health. ... PhRMA is considering all options for preventing this policy from harming patients."
veryGood! (26715)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Guy Fieri talks Super Bowl party, his son's 'quick engagement' and Bobby Flay's texts
- Climate talks end on a first-ever call for the world to move away from fossil fuels
- Plaintiffs in a Georgia redistricting case are asking a judge to reject new Republican-proposed maps
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Auto union boss urges New Jersey lawmakers to pass casino smoking ban
- Trump's defense concludes its case in New York fraud trial
- TikTok users were shocked to see UPS driver's paycheck. Here's how much drivers will soon be making.
- Intellectuals vs. The Internet
- US credibility is on the line in Ukraine funding debate
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- The pope says he wants to be buried in the Rome basilica, not in the Vatican
- Taylor Swift’s Eras Tour Officially Becomes Highest-Grossing Tour Ever
- Norfolk, Virginia, approves military-themed brewery despite some community pushback
- Sam Taylor
- Remembering Norman Lear: The soundtrack of my life has been laughter
- Hilary Duff announces she's pregnant with baby No. 4: 'Buckle up buttercups'
- Congressional candidate’s voter outreach tool is latest AI experiment ahead of 2024 elections
Recommendation
What to watch: O Jolie night
In Giuliani defamation trial, election worker testifies, I'm most scared of my son finding me or my mom hanging in front of our house
Guy Fieri talks Super Bowl party, his son's 'quick engagement' and Bobby Flay's texts
What we know about the legal case of a Texas woman denied the right to an immediate abortion
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Donald Trump’s lawyers again ask for early verdict in civil fraud trial, judge says ‘no way’
5 million veterans screened for toxic exposures since PACT Act
A Florida woman, a 10-year-old boy and a mother of 2 are among Tennessee tornado victims